MAN SE
German mechanical engineering company
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August 2021 | Traton completed a squeeze-out of all remaining MAN SE shareholders and formally merged MAN SE into Traton SE, effectively ending MAN SE's independent existence and transferring its subsidiaries directly under Traton's ownership. |
September 2020 | MAN SE announced a significant workforce reduction of over 9,500 job positions at its MAN Truck & Bus division, driven by economic challenges from the COVID-19 pandemic. The restructuring aimed to generate €1.8 billion in cost savings by 2023. |
February 2020 | Traton announced its intention to merge MAN SE into its corporate structure, which would result in MAN Truck & Bus, Scania AB, and Volkswagen Caminhões e Ônibus becoming wholly owned direct subsidiaries of Traton. |
January 2020 | Production commenced on the latest order of 1,000 trucks, with delivery planned to be completed by the end of the year. |
2019 | The bribery trial of the MAN manager began in Munich after previous postponements. |
2019 | Production of the MAN SX44 and SX45 models (final derivations of the Category 1 product) ceased in early 2019. |
2019 | Production of the final iteration of MAN Category 1 trucks (SX series) concludes in early 2019, marking the end of the truck family's manufacturing cycle. |
December 2019 | RMMV received a significant order for 1,000 trucks valued at EUR 382 million, including 675 trucks with 5,000 kg payload and 325 trucks with 15,000 kg payload. |
December 2019 | A major order was placed for 1,000 trucks valued at EUR 382 million, comprising 675 trucks with 5,000 kg payload and 325 trucks with 15,000 kg payload. |
December 2019 | Bundeswehr placed a major order for 1,000 trucks valued at EUR 382 million, consisting of 675 trucks with 5,000 kg payload and 325 trucks with 15,000 kg payload. |
November 2019 | An additional 60 trucks were ordered by the Bundeswehr. |
June 12 2019 | RMMV announced a second order for 252 trucks (161 5-tonne and 91 15-tonne) valued at EUR 92 million, with deliveries completed during 2019. |
June 12 2019 | Bundeswehr placed a second order for 252 trucks (161 5-tonne and 91 15-tonne) valued at EUR 92 million, with deliveries completed during 2019. |
March 2019 | MAN SE announced that Traton had acquired 94.36% of its shares, signifying a major ownership change for the German mechanical engineering company. |
January 2019 | MAN's Power Engineering division, including MAN Energy Solutions and MAN's 76% stake in RENK AG, was sold to the Volkswagen Group, transforming MAN SE into a holding company for commercial vehicle units under Traton SE. |
July 6 2017 | Rheinmetall MAN Military Vehicles entered a framework agreement with the German Bundeswehr to supply 2,271 MAN HX2 trucks under the Unprotected Transport Vehicle (UTF) programme, with an initial order of 558 trucks valued at approximately EUR 240 million. |
2016 | Initial trial for the bribery case was initially set but delayed. |
June 6 2012 | Volkswagen AG increased its share of voting rights in MAN SE to 75.03%, setting the stage for a domination agreement. |
April 2012 | Volkswagen increased its interest in MAN SE to a 73.0% voting stake and 71.08% of the share capital. |
2011 | A former MAN SE manager was formally charged with bribery of Turkmen state officials. |
2011 | A MAN steel house from 1948 was translocated from Wendelstein-Nerreth near Nuremberg to the Franconian Open Air Museum of Bad Windsheim. |
November 2011 | Volkswagen's takeover of MAN SE was completed after receiving regulatory approval. |
July 2011 | Volkswagen AG acquired a 55.9% voting stake and 53.7% of the share capital in MAN SE, with plans to merge MAN and Scania AB to create Europe's largest truck maker. |
This contents of the box above is based on material from the Wikipedia articles MAN steel house, MAN KAT1 & MAN SE, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.